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Deffense [45]
3 years ago
15

In capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be he

lpful for society and at least one reason that they may be harmful for society. Then, explain whether you think profit motive is a good thing or a bad thing for society
Business
1 answer:
klemol [59]3 years ago
7 0
Even though that particular business have the motive of increasing profit there would be a lot of benefits that the society will get such as...
Since most of the business are working for profit in the market this create competition among each other this results to a lower price in markets therfore the society can afford to  buy things.

A bad side of such business could be  the monopoly power, if there is no company that produces similar good or service they tend to abuse the consumers by increasing the price of the goods and services they provide as there are no other firms that provide similar goods or services.

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Which of these is an advantage of filing for Chapter 7 bankruptcy?
kotegsom [21]

Answer:

B) Debts can usually be erased in about 6 months.

3 0
2 years ago
Your grandmother has been putting $3,000 into a savings account on every birthday since your first (that is, when you turned 1).
aniked [119]

Answer:

I believe the answer is 6,480,000.

8 0
2 years ago
In subsistence farming, people generally grow
8_murik_8 [283]
In subsistence farming, people generally grow :
D. only enough to feed their families
subsistence farming refer to a farming technique for self-sufficiency (not commercial)

hope this helps
5 0
2 years ago
Read 2 more answers
Five diversity issues that affect Cambridge Food​
hammer [34]

Answer:

Race

Gender

Language

Inequality

Beliefs

Explanation:

Race: the business should not discriminate employees because of their race/skin color

Gender: equality between all genders in the workplace

Language: train and communicate with all employees with language applicable to all employees

Inequality: treat all employees equally and equal opportunities to all despite their backgrounds

Beliefs: avoid discriminating and disrespecting other people's beliefs

7 0
2 years ago
A negative externality occurs when Question 16 options: the private marginal costs are equal to the social marginal costs. the p
lana66690 [7]

When a negative externality exists, the marginal social cost is always higher than the marginal private cost. So, the correct answer is option A the private marginal costs are less than social marginal costs.

<h3><u>What is a negative externality?</u></h3>

When the manufacturing process has a negative impact on unconnected third parties, this is referred to as a negative production externality. For instance, manufacturing facilities contribute to noise and air pollution throughout the production process.

<h3><u>What happens when a negative externality exists?</u></h3>

The marginal social cost and the marginal private cost are no longer equal when a market has negative production externalities. As a result, the supply curve (which indicates the marginal private cost) does not accurately reflect the marginal societal cost and the social cost is instead larger due to the externality's per-unit cost.

You can learn more about negative externality using the following link:

brainly.com/question/13901028

#SPJ4

7 0
1 year ago
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